封面
市场调查报告书
商品编码
1390909

2023-2028 年按衍生物、应用(杀菌剂、阻燃剂、溴基电池、透明盐水等)、最终用户和地区分類的溴市场报告

Bromine Market Report by Derivative, Application (Biocides, Flame Retardants, Bromine-Based Batteries, Clear Brine Fluids, and Others), End User, and Region 2023-2028

出版日期: | 出版商: IMARC | 英文 139 Pages | 商品交期: 2-3个工作天内

价格

抽象的

2022年全球溴市场规模达33亿美元。展望未来, IMARC Group预计到2028年市场规模将达到43亿美元,2022-2028年复合年增长率(CAGR)为4.51%。製造和建筑业对阻燃剂的需求不断增长,水处理设施中溴的应用不断增加,以及石油和天然气钻探活动中溴基化合物的使用不断增加,这些都是推动市场发展的一些因素。

溴是属于卤素族的化学元素,其特征是在室温下为深红棕色液体,有刺激性气味。它以其多功能特性而闻名,包括高反应活性和有效的热稳定性,可用于各种应用。它广泛应用于製药、农业、阻燃剂等产业。就工作机製而言,溴化合物参与卤化过程,取代有机化合物中的氢原子,通常会产生更稳定或更丰富的衍生物。这使得该产品在化学合成和各种其他工业製程中具有无价的价值。因此,其市场意义遍及多个领域,从医疗到消费品和专业工业应用。

全球市场主要由製造业和建筑业对阻燃剂的需求不断增长所推动。同时,该产品在水处理设施的应用不断增加,需求也不断增加。此外,在石油和天然气钻探活动中溴基化合物的使用不断增加也是一个重要的成长因素。除此之外,该产品在汞排放控制方面的应用正在创造积极的市场前景。此外,该元素还可用于製造农业熏蒸剂,创造额外的市场机会。此外,製药业采用相关化合物作为中间体也对市场产生了正面影响。该市场也受益于有利于在工业应用中安全使用化学品的政府政策。除此之外,汽车流体产品的快速使用正在刺激全球市场。其他影响因素包括溴萃取技术的进步、医疗设备製造中的应用以及持续的研发投资。

溴市场趋势/驱动因素:

增加再生能源的应用

向再生能源过渡是全球趋势,需要创新的能源储存和管理解决方案。该领域的新兴解决方案之一是溴基液流电池。这些电池具有较长的循环寿命和灵活的设计,使其能够适应不同规模的储能需求。随着全球能源网路越来越依赖太阳能和风能等再生能源,高效能能源储存系统的重要性日益凸显。这些液流电池是满足这些储存需求的可靠选择。政府和私人组织正在大力投资储能技术,从而直接影响对溴基解决方案的需求。这一因素对于市场未来的成长至关重要,因为它开启了一个以前未开发的全新应用领域。

更加关注永续性和回收创新

随着环境问题继续占据公众和企业讨论的很大一部分,化学工业内对永续实践的关注从未如此强烈。公司越来越多地投资于能够回收溴及其衍生物的技术,特别是从废物流和用后应用中回收溴。这些回收工作与全球永续发展目标非常契合,也透过降低生产成本提供经济优势。成本的降低随后增加了多种工业应用的可近性。例如,元素的回收可用于水处理设施,从而达到废弃物管理和基本公用事业的双重目的。对永续性和回收创新的关注为市场成长提供了诱人的机会,并预计将产生长期的积极影响。

主要参与者之间的合作伙伴关係和收购不断增加

产业领导者之间的策略合作和合併正在成为竞争日益激烈的环境中市场稳定和成长的基石。这种合作为企业提供了一个汇集资源的平台,从而加快了研发活动的步伐。此外,这些联盟为更有效地渗透未开发的市场开闢了途径。透过合作,公司还可以完善其供应链策略,使相关各方受益。主要产品製造商正在与製药公司合作,专门为新的药物系列量身定制化合物。这不仅可以加快上市时间,还可以确保对该元件的稳定需求。这些合作和合併还可以对冲价格波动和原材料短缺等不稳定的市场条件。透过集体解决问题和资源共享,企业可以巩固自己的市场地位,从而为市场的持续成长做出贡献。

溴产业细分:

IMARC Group提供了全球溴市场报告各细分市场主要趋势的分析,以及 2023-2028 年全球、区域和国家层面的预测。我们的报告根据衍生性商品、应用程式和最终用户对市场进行了分类。

按衍生性商品细分:

溴化氢

有机溴化合物

溴液

其他的

有机溴化合物代表最大的市场领域

该报告提供了基于衍生性商品的详细市场区隔和分析。这包括溴化氢、有机溴化合物、溴液等。根据该报告,有机溴化合物占最大部分。

有机溴化合物领域因其在药物、杀菌剂和农业化学品的广泛应用而受到推动。有机溴化合物卓越的反应活性使其成为各种化学反应中有价值的中间体。随着製药和农化产业的不断发展,对高品质有机溴化合物的需求也不断增加。发展中国家的新兴市场为该领域提供了另一个成长途径。

另一方面,溴化氢和溴流体部分的重要性很大程度上来自于它们作为化学合成中间体的用途,特别是在製药和石化领域。溴化氢的反应活性和独特的特性使其在某些特殊的化学反应中不可或缺。先进的溴回收和再循环技术的发展增加了永续性,从而增强了其市场潜力。全球化学工业的不断发展以及技术的进步不断挑战极限,从而为该领域创造了更多机会。

按应用划分:

杀菌剂

阻燃剂(FR)

溴基电池

透明食盐水 (CBF)

其他的

阻燃剂(FR)占据大部分市场份额

该报告根据应用程式提供了详细的市场细分和分析。这包括杀菌剂、阻燃剂 (FR)、溴基电池、透明盐水 (CBF) 等。根据该报告,阻燃剂(FR)代表了最大的部分。

汽车、建筑和电子产业对阻燃材料的需求不断增长,大大推动了阻燃剂领域的发展。有关消防安全的严格法规越来越多地推动各行业在其产品中加入阻燃材料。这些最终用户产业在全球的扩张也与阻燃剂市场的成长直接相关。此外,环保阻燃化学品的开发可能会在这一领域创造新的机会。

另一方面,杀菌剂在水处理厂中大量用于控制微生物活动,而溴基电池在再生能源储存系统中变得越来越重要。透明盐水液 (CBF) 主要用于石油和天然气钻井作业,以保持井孔稳定。对再生能源的重视也使溴基电池成为重要的市场参与者。石油和天然气开采中对永续和更安全方法的推动增加了对透明盐水的需求。

按最终用户划分:

化学品

油和气

药品

农业

纺织品

电子产品

其他的

化学品代表最大的细分市场

该报告提供了基于最终用户的详细市场细分和分析。这包括化学品、石油和天然气、製药、农业、纺织、电子等。根据该报告,化学品占最大的部分。

由于石化行业、农业化学品製造和特种化学品生产的需求不断增长,化学品行业正在强劲增长。该元素独特的反应性和特性使其对于各种化学合成过程具有无价的价值。全球监管框架也面向更安全、更有效率的化学产品,这推动了该领域的创新和需求。其在水处理化学品中的使用进一步增强了其市场潜力。

另一方面,在石油和天然气领域,该元素主要用作钻井液的成分,有助于保持井眼稳定性。製药业利用该元素作为某些药物配方的组成部分,增强各种治疗的功效。在农业中,溴基化合物用于土壤熏蒸和杀虫剂,满足该行业对高作物产量和土壤健康的需求。纺织品在阻燃材料的开发中利用此元素,直接有助于消费者的安全。

按地区划分:

北美洲

美国

加拿大

亚太

中国

日本

印度

韩国

澳洲

印尼

其他的

欧洲

德国

法国

英国

义大利

西班牙

俄罗斯

其他的

拉丁美洲

巴西

墨西哥

其他的

中东和非洲

亚太地区表现出明显的主导地位,占据最大的溴市场份额

市场研究报告还对所有主要区域市场进行了全面分析,其中包括北美(美国和加拿大);亚太地区(中国、日本、印度、韩国、澳洲、印尼等);欧洲(德国、法国、英国、义大利、西班牙、俄罗斯等);拉丁美洲(巴西、墨西哥等);以及中东和非洲。报告显示,亚太地区占据最大的市场份额。

亚太地区是一个快速成长的市场,受到中国和印度等国家电子、製药和纺织等行业不断扩张的推动。该地区的基础设施发展正在带动建筑业的显着增长,这对阻燃剂产生了直接影响。

此外,亚太地区是重要农业活动的所在地,增加了农业化学品对这种元素的需求。在政府措施和增加投资的支持下,该地区的製药业也在扩张。快速的工业化,加上中产阶级人口的不断增长,导致消费性电子产品的需求增加,而消费性电子产品通常需要溴基阻燃剂。

此外,注重环境永续性的政策迫使公司投资清洁技术,包括使用该元素进行水处理和杀菌剂。随着亚太地区继续成为製造和技术创新的中心,对特种化学品的需求也预计会增加,这将推动市场的发展。

竞争格局:

全球溴产业的市场参与者正在积极投资开发高效的萃取和加工技术。他们也与原材料供应商结盟,以确保稳定的品质和供应。为了实现产品组合多元化,这些组织正在涉足阻燃剂和药品等利基应用。人们正在积极追求技术进步,以减少对环境的影响并实现永续发展目标。作为其成长策略的一部分,公司正在透过合资企业和策略合作进入新兴市场。主要公司正在针对不同工业部门进行行销活动,以提高产品知名度。此外,我们也正在製定稳健的供应链策略,以确保及时、可靠的交付。

该报告对市场竞争格局进行了全面分析。也提供了所有主要公司的详细资料。市场上的一些主要参与者包括:

雅宝公司

凯马达工业有限公司

海湾资源公司

印度斯坦盐业有限公司

霍尼韦尔国际公司

ICL集团有限公司

乔丹溴有限公司

朗盛公司

Solaris Chemtech Industries Limited(Agrocel Industries Pvt. Ltd.)

塔塔化学有限公司

TETRA 技术公司

东曹株式会社

最近的发展:

2023年8月,艾伯维公司宣布已向美国食品药物管理局(FDA)和欧洲药品管理局(EMA)提交risankizumab(SKYRIZI,1200毫克静脉注射[IV][诱导剂量]和180 mg 和360 mg 皮下注射[SC][维持剂量])用于治疗中度至重度活动性溃疡性结肠炎成年患者。

2023 年 7 月,Albemarle Corporation 同意修改今年稍早与 Mineral Resources Limited(ASX:MIN.AX)签署的交易条款。根据新协议,Albemarle 将获得澳洲 Kemerton 氢氧化锂加工厂 100% 的所有权,该工厂目前透过 MARBL 合资企业与 Mineral Resources 共同拥有。雅宝也将保留其在中国钦州和梅山锂加工设施的全部所有权。

2020 年 4 月,Chemada Industries Ltd. 与欧洲领先的化学品分销商之一 OQEMA 集团建立了独家代理商和分销合作伙伴关係。 OQEMA集团将作为CHEMADA全系列高品质溴化中间体和溴化试剂的欧洲代理商和经销商,并向比荷卢三国、法国、德国、丹麦、瑞士、英国提供基于其他技术的客製化生产、捷克共和国、斯洛维尼亚、波罗的海国家、义大利和匈牙利。

本报告回答的关键问题

  • 2022年全球溴市场规模是多少
  • 2023-2028年全球溴市场预计成长率是多少
  • 推动全球溴市场的关键因素有哪些
  • COVID-19 对全球溴市场有何影响
  • 基于衍生性商品的全球溴市场的细分是什么
  • 根据应用,全球溴市场的细分如何
  • 根据最终用户,全球溴市场的细分如何
  • 全球溴市场的重点地区有哪些
  • 谁是全球溴市场的主要参与者/公司

本报告回答的关键问题

  • 2022年全球溴市场规模有多大?
  • 2023-2028年全球溴市场的预期成长率是多少?
  • 推动全球溴市场的关键因素是什么?
  • COVID-19 对全球溴市场有何影响?
  • 基于衍生性商品的全球溴市场的分化是什么?
  • 根据应用,全球溴市场的细分情况如何?
  • 根据最终用户,全球溴市场的细分情况如何?
  • 全球溴市场的重点地区有哪些?
  • 全球溴市场的主要参与者/公司有哪些?

目录

第一章:前言

第 2 章:范围与方法

  • 研究目的
  • 利害关係人
  • 资料来源
    • 主要资源
    • 二手资料
  • 市场预测
    • 自下而上的方法
    • 自上而下的方法
  • 预测方法

第 3 章:执行摘要

第 4 章:简介

  • 概述
  • 主要行业趋势

第 5 章:全球溴市场

  • 市场概况
  • 市场业绩
  • COVID-19 的影响
  • 市场预测

第 6 章:衍生性商品市场区隔

  • 溴化氢
    • 市场走向
    • 市场预测
  • 有机溴化合物
    • 市场走向
    • 市场预测
  • 溴液
    • 市场走向
    • 市场预测
  • 其他的
    • 市场走向
    • 市场预测

第 7 章:按应用分類的市场区隔

  • 杀菌剂
    • 市场走向
    • 市场预测
  • 阻燃剂(FR)
    • 市场走向
    • 市场预测
  • 溴基电池
    • 市场走向
    • 市场预测
  • 透明食盐水 (CBF)
    • 市场走向
    • 市场预测
  • 其他的
    • 市场走向
    • 市场预测

第 8 章:最终用户的市场区隔

  • 化学品
    • 市场走向
    • 市场预测
  • 油和气
    • 市场走向
    • 市场预测
  • 药品
    • 市场走向
    • 市场预测
  • 农业
    • 市场走向
    • 市场预测
  • 纺织品
    • 市场走向
    • 市场预测
  • 电子产品
    • 市场走向
    • 市场预测
  • 其他的
    • 市场走向
    • 市场预测

第 9 章:按地区分類的市场区隔

  • 北美洲
    • 美国
      • 市场走向
      • 市场预测
    • 加拿大
      • 市场走向
      • 市场预测
  • 亚太
    • 中国
      • 市场走向
      • 市场预测
    • 日本
      • 市场走向
      • 市场预测
    • 印度
      • 市场走向
      • 市场预测
    • 韩国
      • 市场走向
      • 市场预测
    • 澳洲
      • 市场走向
      • 市场预测
    • 印尼
      • 市场走向
      • 市场预测
    • 其他的
      • 市场走向
      • 市场预测
  • 欧洲
    • 德国
      • 市场走向
      • 市场预测
    • 法国
      • 市场走向
      • 市场预测
    • 英国
      • 市场走向
      • 市场预测
    • 义大利
      • 市场走向
      • 市场预测
    • 西班牙
      • 市场走向
      • 市场预测
    • 俄罗斯
      • 市场走向
      • 市场预测
    • 其他的
      • 市场走向
      • 市场预测
  • 拉丁美洲
    • 巴西
      • 市场走向
      • 市场预测
    • 墨西哥
      • 市场走向
      • 市场预测
    • 其他的
      • 市场走向
      • 市场预测
  • 中东和非洲
    • 市场走向
    • 按国家/地区分類的市场细分
    • 市场预测

第 10 章:SWOT 分析

  • 概述
  • 优势
  • 弱点
  • 机会
  • 威胁

第 11 章:价值链分析

第 12 章:波特五力分析

  • 概述
  • 买家的议价能力
  • 供应商的议价能力
  • 竞争程度
  • 新进入者的威胁
  • 替代品的威胁

第 13 章:价格分析

第14章:竞争格局

  • 市场结构
  • 关键参与者
  • 关键参与者简介
    • Albemarle Corporation
    • Chemada Industries Ltd.
    • Gulf Resources Inc.
    • Hindustan Salts Limited
    • Honeywell International Inc.
    • ICL Group Ltd.
    • Jordan Bromine Company Limited
    • Lanxess AG
    • Solaris Chemtech Industries Limited (Agrocel Industries Pvt. Ltd.)
    • Tata Chemicals Limited
    • TETRA Technologies Inc.
    • Tosoh Corporation
Product Code: SR112023A460

Abstract

The global bromine market size reached US$ 3.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2028, exhibiting a growth rate (CAGR) of 4.51% during 2022-2028. The growing need for flame retardants in manufacturing and construction industries, increasing application of bromine in water treatment facilities, and the rising use of bromine-based compounds in oil and gas drilling activities represent some of the factors that are propelling the market.

Bromine is a chemical element belonging to the halogen group, characterized by its deep red-brown liquid form at room temperature and a pungent odor. Known for its versatile properties, including high reactivity and effective heat stabilization, it serves various applications. It's widely utilized in industries such as pharmaceuticals, agriculture, and flame retardants, among others. In terms of working mechanisms, bromine compounds engage in halogenation processes where they replace hydrogen atoms in organic compounds, often yielding more stable or functional derivatives. This makes the product invaluable in chemical synthesis and various other industrial processes. Therefore, its market significance extends across multiple sectors, from medical treatments to consumer goods and specialized industrial applications.

The global market is chiefly driven by the growing need for flame retardants in manufacturing and construction industries. Concurrently, the increasing application of the product in water treatment facilities is experiencing consistent demand. Moreover, the rising use of bromine-based compounds in oil and gas drilling activities serves as a significant growth factor. In addition to this, the utility of the product in mercury emission control is creating a positive market outlook. Furthermore, the element finds application in the making of fumigants for agriculture, creating additional market opportunities. Also, the pharmaceutical sector's adoption of related compounds as intermediaries positively impacts the market. The market also benefits from governmental policies favoring the safe use of chemicals in industrial applications. Apart from these, the rapid product utilization in automotive fluids is stimulating the market on a global level. Other contributing factors include advancements in bromine extraction technologies, the application in the making of medical equipment, and ongoing investments in research and development.

Bromine Market Trends/Drivers:

Increased application in renewable energy

The transition toward renewable energy is a global trend, necessitating novel solutions for energy storage and management. One of the emerging solutions in this arena is bromine-based flow batteries. These batteries offer a long cycle life and have a flexible design that makes them adaptable to varying scales of energy storage requirements. As energy grids worldwide increasingly rely on renewable sources such as solar and wind, the importance of efficient energy storage systems is accentuated. These flow batteries serve as a reliable option for these storage needs. Governments and private organizations are investing significantly in energy storage technologies, thereby directly impacting the demand for bromine-based solutions. This factor is critical for the future growth of the market, as it opens up an entirely new domain of applications that were previously untapped.

An enhanced focus on sustainability and recycling innovations

As environmental concerns continue to occupy a significant portion of public and corporate discourse, the focus on sustainable practices within the chemical industry has never been greater. Companies are increasingly investing in technologies that enable the recycling of bromine and its derivatives, especially from waste streams and after-use applications. These recycling efforts align well with global sustainability goals and also offer economic advantages by reducing the production costs. Reduced costs subsequently increase its accessibility for multiple industrial applications. For example, recycling of the element can be made useful in water treatment facilities, thereby serving dual purposes-of waste management and essential utility. This focus on sustainability and recycling innovations presents a compelling opportunity for market growth and is expected to have a long-lasting positive impact.

Rising partnerships and acquisitions amongst key players

Strategic collaborations and mergers among industry leaders are emerging as a cornerstone for market stability and growth in an increasingly competitive landscape. Such collaborations offer a platform for companies to pool resources, thereby accelerating the pace of research and development activities. Additionally, these alliances open avenues for the more effective penetration of unexplored markets. By collaborating, companies can also refine their supply chain strategies, benefitting both parties involved. Major product manufacturers are teaming up with pharmaceutical companies to tailor a compound specifically for a new line of medications. This not only fast-tracks the time-to-market but also assures a steady demand for the element. These collaborations and mergers also act as a hedge against volatile market conditions such as price fluctuations and raw material shortages. Through collective problem-solving and resource sharing, companies can fortify their market position, thereby contributing to the market's sustained growth.

Bromine Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global bromine market report, along with forecasts at the global, regional and country levels for 2023-2028. Our report has categorized the market based on derivative, application and end user.

Breakup by Derivative:

Hydrogen Bromide

Organobromine Compounds

Bromine Fluids

Others

Organobromine compounds represent the largest market segment

The report has provided a detailed breakup and analysis of the market based on the derivative. This includes hydrogen bromide, organobromine compounds, bromine fluids, and others. According to the report, organobromine compounds represented the largest segment.

The organobromine compounds segment is driven by its vast applications in pharmaceuticals, biocides, and agrochemicals. The exceptional reactivity of organobromine compounds makes them valuable intermediates in a variety of chemical reactions. As the pharmaceutical and agrochemical industries continue to grow, the demand for high-quality organobromine compounds also escalates. Emerging markets in developing nations present yet another avenue for growth in this segment.

On the other hand, the hydrogen bromide and bromine fluids segments gain their relevance largely from their use as an intermediate in chemical synthesis, especially in pharmaceutical and petrochemical sectors. The reactivity and unique characteristics of hydrogen bromide make it indispensable in certain specialized chemical reactions. The development of advanced techniques for bromine recovery and recycling adds an additional layer of sustainability, thereby bolstering its market potential. The growing chemical industry globally, along with technological advancements, continue to push the envelope, thereby creating more opportunities for this segment.

Breakup by Application:

Biocides

Flame Retardants (FR)

Bromine-Based Batteries

Clear Brine Fluids (CBF)

Others

Flame retardants (FR) accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the application. This includes biocides, flame retardants (FR), bromine-based batteries, clear brine fluids (CBF), and others. According to the report, flame retardants (FR) represented the largest segment.

The flame retardants segment is significantly propelled by the rising demand for fire-resistant materials in the automotive, construction, and electronics sectors. Strict regulations regarding fire safety are increasingly driving industries to incorporate flame-retardant materials in their products. The expansion of these end-user sectors globally also correlates directly with the market growth for flame retardants. Additionally, the development of eco-friendly flame-retardant chemicals is likely to create new opportunities in this segment.

On the other hand, biocides see significant usage in water treatment plants to control microbial activity, while bromine-based batteries are becoming increasingly important in renewable energy storage systems. Clear Brine Fluids (CBF) are predominantly employed in oil and gas drilling operations to maintain wellbore stability. The emphasis on renewable energy also positions bromine-based batteries as a crucial market player. The drive towards sustainable and safer methods in oil and gas extraction adds a layer of demand for clear brine fluids.

Breakup by End User:

Chemicals

Oil and Gas

Pharmaceuticals

Agriculture

Textiles

Electronics

Others

Chemicals represents the largest market segment

The report has provided a detailed breakup and analysis of the market based on the end user. This includes chemicals, oil and gas, pharmaceuticals, agriculture, textiles, electronics, and others. According to the report, chemicals represented the largest segment.

The chemicals segment is witnessing strong growth due to the rising demands in petrochemical industries, agrochemical manufacturing, and specialty chemicals production. The unique reactivity and properties of the element makes it invaluable for a variety of chemical synthesis processes. Regulatory frameworks globally are also geared towards safer and more efficient chemical products, which drives innovation and demand in this segment. Its usage in water treatment chemicals further enhances its market potential.

On the other hand, in the oil and gas sector, the element is used primarily as a constituent in drilling fluids, which helps maintain wellbore stability. Pharmaceuticals employ the element as a building block for certain drug formulations, enhancing the efficacy of various treatments. In agriculture, bromine-based compounds are used for soil fumigation and as pesticides, meeting the sector's need for high crop yield and soil health. Textiles utilize the element in the development of flame-retardant materials, directly contributing to consumer safety.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia Pacific exhibits a clear dominance, accounting for the largest bromine market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.

The Asia Pacific region is a rapidly growing market, fueled by expanding industries such as electronics, pharmaceuticals, and textiles in countries such as China and India. Infrastructure development across the region is creating significant growth in the construction sector, which has a direct impact on flame retardants.

Moreover, Asia Pacific is home to significant agricultural activities, increasing the need for the element in agrochemicals. The pharmaceutical sector in the region is also undergoing expansion, supported by government initiatives and increased investment. Rapid industrialization, coupled with a growing middle-class population, contributes to the heightened demand for consumer electronics, which often require bromine-based flame retardants.

Also, policies focusing on environmental sustainability are compelling companies to invest in cleaner technologies, including the use of the element for water treatment and biocides. As Asia Pacific continues to be a hub for manufacturing and technological innovation, the need for specialty chemicals is also expected to rise, which is fueling the market.

Competitive Landscape:

Market players in the global bromine industry are actively investing in the development of efficient extraction and processing techniques. They are also forming alliances with raw material suppliers to ensure consistent quality and supply. To diversify their portfolio, these organizations are venturing into niche applications such as flame retardants and pharmaceuticals. Technological advancements are being actively pursued to reduce environmental impact and meet sustainability goals. As part of their growth strategy, companies are entering emerging markets through joint ventures and strategic collaborations. Marketing campaigns aimed at different industrial sectors are being implemented by the major companies to enhance product visibility. Furthermore, robust supply chain strategies are also being developed to ensure prompt and reliable delivery.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Albemarle Corporation

Chemada Industries Ltd.

Gulf Resources Inc.

Hindustan Salts Limited

Honeywell International Inc.

ICL Group Ltd.

Jordan Bromine Company Limited

Lanxess AG

Solaris Chemtech Industries Limited (Agrocel Industries Pvt. Ltd.)

Tata Chemicals Limited

TETRA Technologies Inc.

Tosoh Corporation

Recent Developments:

In August 2023, AbbVie Inc. announced that it has submitted applications for a new indication to the U.S. Food and Drug Administration (FDA) and European Medicines Agency (EMA) for risankizumab (SKYRIZI, 1200 mg intravenous [IV] [induction dose] and 180 mg and 360 mg subcutaneous [SC] [maintenance dose]) for the treatment of adult patients with moderately to severely active ulcerative colitis.

In July 2023, Albemarle Corporation agreed to amend the terms of the transaction signed earlier this year with Mineral Resources Limited (ASX: MIN.AX). Under the new agreements, Albemarle will take 100% ownership of the Kemerton lithium hydroxide processing facility in Australia that is currently jointly owned with Mineral Resources through the MARBL joint venture. Albemarle will also retain full ownership of its Qinzhou and Meishan lithium processing facilities in China.

In April 2020, Chemada Industries Ltd. entered into an exclusive agency and distribution partnership with the OQEMA Group, one of Europe's leading chemical distributors. The OQEMA Group will act as a European agent and distributor for the full range of CHEMADA's high-quality brominated intermediates and brominating reagents, and also provide custom manufacturing based on other technologies to the Benelux countries, France, Germany, Denmark, Switzerland, the UK, the Czech Republic, Slovenia, the Baltic countries, Italy and Hungary.

Key Questions Answered in This Report

  • 1. What was the size of the global bromine market in 2022?
  • 2. What is the expected growth rate of the global bromine market during 2023-2028?
  • 3. What are the key factors driving the global bromine market?
  • 4. What has been the impact of COVID-19 on the global bromine market?
  • 5. What is the breakup of the global bromine market based on the derivative?
  • 6. What is the breakup of the global bromine market based on the application?
  • 7. What is the breakup of the global bromine market based on the end user?
  • 8. What are the key regions in the global bromine market?
  • 9. Who are the key players/companies in the global bromine market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Bromine Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Derivative

  • 6.1 Hydrogen Bromide
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Organobromine Compounds
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Bromine Fluids
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Others
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast

7 Market Breakup by Application

  • 7.1 Biocides
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Flame Retardants (FR)
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Bromine-Based Batteries
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Clear Brine Fluids (CBF)
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Others
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast

8 Market Breakup by End User

  • 8.1 Chemicals
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Oil and Gas
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Pharmaceuticals
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Agriculture
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Textiles
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Electronics
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast
  • 8.7 Others
    • 8.7.1 Market Trends
    • 8.7.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Albemarle Corporation
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 Chemada Industries Ltd.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
    • 14.3.3 Gulf Resources Inc.
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
      • 14.3.3.4 SWOT Analysis
    • 14.3.4 Hindustan Salts Limited
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 Honeywell International Inc.
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 ICL Group Ltd.
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
      • 14.3.6.4 SWOT Analysis
    • 14.3.7 Jordan Bromine Company Limited
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Lanxess AG
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
      • 14.3.8.4 SWOT Analysis
    • 14.3.9 Solaris Chemtech Industries Limited (Agrocel Industries Pvt. Ltd.)
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Tata Chemicals Limited
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
    • 14.3.11 TETRA Technologies Inc.
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
      • 14.3.11.3 Financials
    • 14.3.12 Tosoh Corporation
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials
      • 14.3.12.4 SWOT Analysis

List of Figures

  • Figure 1: Global: Bromine Market: Major Drivers and Challenges
  • Figure 2: Global: Bromine Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Bromine Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Bromine Market: Breakup by Derivative (in %), 2022
  • Figure 5: Global: Bromine Market: Breakup by Application (in %), 2022
  • Figure 6: Global: Bromine Market: Breakup by End User (in %), 2022
  • Figure 7: Global: Bromine Market: Breakup by Region (in %), 2022
  • Figure 8: Global: Bromine (Hydrogen Bromide) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 9: Global: Bromine (Hydrogen Bromide) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 10: Global: Bromine (Organobromine Compounds) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 11: Global: Bromine (Organobromine Compounds) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 12: Global: Bromine (Bromine Fluids) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 13: Global: Bromine (Bromine Fluids) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 14: Global: Bromine (Other Derivatives) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 15: Global: Bromine (Other Derivatives) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 16: Global: Bromine (Biocides) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 17: Global: Bromine (Biocides) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 18: Global: Bromine (Flame Retardants-FR) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 19: Global: Bromine (Flame Retardants-FR) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 20: Global: Bromine (Bromine-Based Batteries) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 21: Global: Bromine (Bromine-Based Batteries) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 22: Global: Bromine (Clear Brine Fluids-CBF) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 23: Global: Bromine (Clear Brine Fluids-CBF) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 24: Global: Bromine (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 25: Global: Bromine (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 26: Global: Bromine (Chemicals) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 27: Global: Bromine (Chemicals) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 28: Global: Bromine (Oil and Gas) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 29: Global: Bromine (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 30: Global: Bromine (Pharmaceuticals) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 31: Global: Bromine (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 32: Global: Bromine (Agriculture) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 33: Global: Bromine (Agriculture) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 34: Global: Bromine (Textiles) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 35: Global: Bromine (Textiles) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 36: Global: Bromine (Electronics) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 37: Global: Bromine (Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 38: Global: Bromine (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 39: Global: Bromine (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 40: North America: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 41: North America: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 42: United States: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 43: United States: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 44: Canada: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 45: Canada: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 46: Asia-Pacific: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 47: Asia-Pacific: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 48: China: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 49: China: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 50: Japan: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 51: Japan: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 52: India: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 53: India: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 54: South Korea: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 55: South Korea: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 56: Australia: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 57: Australia: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 58: Indonesia: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 59: Indonesia: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 60: Others: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 61: Others: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 62: Europe: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 63: Europe: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 64: Germany: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 65: Germany: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 66: France: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 67: France: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 68: United Kingdom: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 69: United Kingdom: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 70: Italy: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 71: Italy: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 72: Spain: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 73: Spain: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 74: Russia: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 75: Russia: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 76: Others: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 77: Others: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 78: Latin America: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 79: Latin America: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 80: Brazil: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 81: Brazil: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 82: Mexico: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 83: Mexico: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 84: Others: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 85: Others: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 86: Middle East and Africa: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 87: Middle East and Africa: Bromine Market: Breakup by Country (in %), 2022
  • Figure 88: Middle East and Africa: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 89: Global: Bromine Industry: SWOT Analysis
  • Figure 90: Global: Bromine Industry: Value Chain Analysis
  • Figure 91: Global: Bromine Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Bromine Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Bromine Market Forecast: Breakup by Derivative (in Million US$), 2023-2028
  • Table 3: Global: Bromine Market Forecast: Breakup by Application (in Million US$), 2023-2028
  • Table 4: Global: Bromine Market Forecast: Breakup by End User (in Million US$), 2023-2028
  • Table 5: Global: Bromine Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 6: Global: Bromine Market: Competitive Structure
  • Table 7: Global: Bromine Market: Key Players